VA17.5.920 – Hurley Property ICAV

• Appeal Number: VA17.5.920
• Year: 2020
• Date: Fecha inválida
• Court: Valuation Tribunal
• Respondent: COMMISSIONER OF VALUATION
• Appellant: Hurley Property ICAV

1

Appeal No: VA17/5/920

AN BINSE LUACHÁLA

VALUATION TRIBUNAL

N tACHTANNA LUACHÁLA, 2001 to 2015

VALUATION ACTS, 2001 to 2015

HURLEY PROPERTY ICAV APPELLANT

AND

COMMISSIONER OF VALUATION RESPONDENT

In relation to the valuation of

Property No. 2195147, Retail (Shop) Unit 34/35 Athlone Town Centre, Mardyke Street,

Athlone, County Westmeath.

B E F O R E

Carol O'Farrell - BL Chairperson

Michael Brennan - BL, MSCSI Member

Fergus Keogh – MRICS, MSCSI Member

JUDGMENT OF THE VALUATION TRIBUNAL

ISSUED ON THE 28TH DAY OF JANUARY 2020

1. THE APPEAL

1.1 By Notice of Appeal received on the 12th day of October 2017 the Appellant appealed

against the determination of the Respondent pursuant to which the net annual value

‘(the NAV’) of the above relevant Property was fixed in the sum of €99,900.00.

1.2 The sole ground of appeal as set out in the Notice of Appeal is that the determination of the

Property’s value is not a determination that accords with that required to be achieved

by section 19 (5) of the Valuation Act, 2015 as amended by the Valuation

(Amendment) Act 2015 because it is

(i) excessive, and